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Search results: 3
25 Sep 2025
EEC works on improving Union's law
Daniyar Imanaliev, Minister in charge of Integration and Macroeconomics of the Eurasian Economic Commission, chaired a meeting of the consolidated working group on improving the provisions of the Treaty on the Eurasian Economic Union dated May 29, 2014. It reviewed amendments to protocols on technical regulation, on general principles and rules of competition and on the procedure for regulating procurement. Options for further work regarding them are defined. Also, in view of staff reshuffling in the EAEU countries, the composition of the consolidated working group is updated. The next meeting will take place in Q4 2025. The consolidated working group on improving the provisions of the Treaty on the Eurasian Economic Union was created in 2016 for considering proposals from the Union states and the Commission on amendments to the Treaty, developing initiatives on improving its provisions and preparing draft international treaties on amending it. The working group prepared a number of protocols on amending the Treaty on the Union, namely: the First Major Protocol effective since July 15, 2021; the Second Major Protocol effective since February 12, 2024; the Third Major Protocol effective since April 25, 2024; the Fourth Major Protocol signed on July 28, 2025 and at the moment being ratified by the Union Member States.
25 Sep 2025
EEC discussed avenues of cooperation between EAEU and Iranian marketplaces
The Eurasian Economic Commission hosted consultations on discussing possible cooperation between electronic trading platforms (marketplaces) of the Eurasian Economic Union countries and the Islamic Republic of Iran. The meeting participants (representatives of the major marketplaces of the parties) noted that today e-commerce is a prominent driver for growth of intercountry trade turnover, confirmed their interest in implementing partnership in e-commerce, as well as discussed possible formats and avenues of cooperation and the potential of technology integration. "The EAEU States and Iran have a significant potential for developing cooperation in the field of e-commerce given that its turnover in our countries grows rapidly every year. Interaction of businesses in this field will facilitate creating a barrier-free trade environment," stressed Askat Bekov, Deputy Director of the EEC Customs Tariff and Non-Tariff Regulation Department. Consultations are held as part of the activities on the road map to implement the Free Trade Agreement between the Islamic Republic of Iran and the Eurasian Economic Union that came into effect on May 15, 2025.
25 Sep 2025
Andrey Slepnev: "A three-year cooperation road map to implement the Free Trade Agreement between the EAEU and Iran is signed"
This was declared by Andrey Slepnev, Minister in charge of Trade of the Eurasian Economic Commission, at the press briefing held following the first meeting of the Joint Committee on Implementing the Full-Fledged Free Trade Agreement between the Eurasian Economic Union and Iran that came into effect this May. The meeting was attended by Mohammad Atabak, Minister of Industry, Mines and Trade of the Islamic Republic of Iran and Iranian Co-Chair of the Joint Committee, as well as Ruslan Davydov, the EEC Minister in charge of Customs Cooperation. "The extensive document covers such core sections as, for example, transport and logistics, primarily the North-South corridor. We have agreed on creating green customs corridors, digitalization and a shift to e-transit, which opens up opportunities for our enterprises to accelerate delivery of their products to the Iranian market," emphasized Andrey Slepnev. Also, the agenda includes expanding reefer freight under the Eurasian Agroexpress project, interaction between ports and coordination of plans on infrastructure with the prospect of accessing the Indian ocean via Iranian ports. In this regard, the EEC Minister reminded about active consultations with the Indian party on a free trade agreement. Moreover, the same interaction is in the offing with Pakistan, making the Iranian partners an even more attractive link in the North-South corridor. Andrey Slepnev also dwelled on the extensive work to lift Iranian quantitative restrictions on import of goods from the EAEU, which can be regarded as a unique preference of the partner granted to the Eurasian Five countries. "I would like to highlight the signing of a document on certifying halal products, nowadays it is an important topic for trade in agricultural products. Here we agreed to act in accordance with the standards of the Islamic metrology organization," told the EEC Minister in charge of Trade. The parties agreed to begin the work on standards and eliminating technical barriers to trade. Supported by the regulators, a practical dialogue started with the major EAEU and Iranian marketplaces providing a channel for small and medium-sized businesses to deliver their goods. "We have considered other matters, too, such as barter development, settlements, coordinated policy of trade with third countries in the region, cooperation between the business circles," noted Andrey Slepnev. The parties discussed preparing proposals on developing an electronic system for confirming origin of goods and a trade regulation guidebook for businesses of the EAEU and Iran. It was agreed to address Iran's participation in the work of the EAEU Pharmacopoeia Committee as an observer and hold consultations on improving the mutual access conditions for medical devices and equipment, as well as vehicles and spare parts. An agreement was reached to review the application of sanitary and phytosanitary measures affecting trade in agricultural and food products and develop joint proposals on using navigation seals. Also, it was agreed to create a sub-committee on customs cooperation. According to the EEC Minister in charge of Trade, the effects of the full-fledged Free Trade Agreement with Iran are already visible even though it entered into force just in May. Since January, the trade turnover increased by 16% and this figure defines a significant growth that has been observed since 2019 over the duration of the Interim Agreement. The statistics shows that the trade turnover between the EAEU and Iran has grown by over 2.2 times since the preferential trade regime was established. In this regard, the EEC Minister in charge of Trade confirmed the previously announced plans to double the trade in the medium term to reach 12 billion dollars.